by David Merrifield | News, US Tax Returns
This new tool will help overseas Americans who wouldn’t normally file a tax return to register for Economic Impact Payments outlined by the CARES Act The IRS has announced that it has developed a free online tool which will allow Americans who don’t usually file...
by David Merrifield | Federal Tax, US Tax Returns
At the end of 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement Act) was signed into law, modifying RMD (required minimum distribution) rules for inherited IRAs and retirement accounts. Under the SECURE Act, inherited IRAs and...
by David Merrifield | US Tax Returns
The Internal Revenue Service (IRS) has announced the annual inflation adjustments for more than 60 tax provisions for 2019, including tax rate schedules, tax tables and cost-of-living adjustments. These are the numbers for the tax year...
by David Merrifield | News, US Tax Returns
The Internal Revenue Service have announced that the 2014 Offshore Voluntary Disclosure Program (OVDP) will close on Sept. 28. The OVDP has allowed US Taxpayers to voluntarily resolve their past noncompliance in respect of unreported foreign assets and tax returns. It...
by David Merrifield | Federal Tax, US Tax Returns
If you have an expired Individual Taxpayer Identification Numbers (ITINs), and you have a US filing obligation for 2018, you should take steps to renew them as soon as possible. The IRS are warning that Tax returns with expired ITINs will face processing delays and...
by David Merrifield | Federal Tax, US Tax Returns
The IRS have announced that the 2018 tax season begins January 29th. This date marks the earliest point when the IRS will start accepting completed personal federal tax returns, however it is never too early to start collating your information! Important 2018 US Tax...